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Cenntro raises about $57.05 million in private placement of 15,120,000 shares at $3.77 each
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Cenntro raises about $57.05 million in private placement of 15,120,000 shares at $3.77 each
  • Cenntro closed a private placement on Sept. 15, 2026, issuing 15,120,000 shares of common stock.
  • Gross proceeds totaled about US$ 57.05 million at US$ 3.77 per share.
  • Offering size was increased on Sept. 14, 2026 from 12,800,000 shares to 15,120,000 shares.
  • Proceeds earmarked for working capital, general corporate purposes.
  • Shares were sold in an unregistered offering under Securities Act Section 4(a)(2), Regulation S to non-U.S. investors.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cenntro Inc. (The Corporation) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-036815), on September 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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